Identify and Briefly Explain Any Three Factors That Lead to Weak

question 23

Essay

Identify and briefly explain any three factors that lead to weak bargaining power on the part of suppliers.

---

Definitions:

Power-based Approaches

Strategies or methods that rely on authority, force, or leverage to influence or control outcomes.

Leadership Style

The distinct approach and manner in which an individual guides or influences a group towards goal achievement, ranging from autocratic to democratic.

Fiedler's Contingency Model

A leadership theory proposing that effective group performance depends on the proper match between a leader's style of interacting with subordinates and the degree to which the situation gives control and influence to the leader.

Least-preferred Co-worker

The least-preferred co-worker is a term from Fiedler's contingency theory, referring to the person a leader has least preferred to work with, used to measure the leader's task or relationship orientation.